Smurfit Kappa reinforces its leadership in Europe with a new investment of 35 million euros |Haonomia.es - Huelva Economic and Business Information

Smurfit Kappa, leader of the paper and wavy cardboard sector, continues to bet on the European market with new investments in its most strategic areas.The last one has made it in its paper and cardboard factory of Hoya, located in northwest of Germany, with which the performance of its production in 70 kt will increase, until reaching 450 kt every year.A great investment that reflects the important growth of the company in this country and its commitment to continue increasing its leadership in Europe.Its strong positioning aims to continue offering multiple competitive advantages to its national, multinational and paneuropean clients, which are found in Smurfit Kappa the support of a solid group that, works where it works, always has the same standards.

Thanks to this investment, the company will replace the full pressure section of the PM2 paper machine with state -of -the -art technology, which will increase the total efficiency of its manufacturing process and increase its production speed at 1250 m/min/min.Also, it also implies a reduction in its 5 CO2 emissions.000 tons per year.

PM2 is a 7.5 -a -wide paper machine that manufactures paper for both testliners and fluting packaging.Once renewed, this first category machine will even more improve the industrial efficiency of the cardboard system for containers of the Smurfit Kappa group.It is expected to be operational during the first quarter of 2023.

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— Bajinder Singh Tue Jul 23 11:42:48 +0000 2013

Saverio Mayer, CEO of Smurfit Kappa Europe, explained that “this investment is part of the important final phase of a constant investment program in our factory of Hoya, which began more than a decade ago and demonstrates the continued commitment of Smurfit Kappawith the development of advanced technology and our operations in Germany ”.

For his part, Andreas Noss, executive director of the factory of Hoya of Smurfit Kappa, has assured that “this investment will turn the PM2 into a light and avant -garde paper machine, which will allow us to meet the changing needs of our clients.Likewise, its production speed will also increase and produce light paper in the most efficient and sustainable way possible ”.

The factory of Hoya in Germany has been operational for more than 50 years and is the main employer in the region, with a workforce of more than 300 people in the factory.This remodeling is part of the last phase of an investment program that the company began in the plant in 2011.